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Lansdale Borough is pleased to introduce its groundbreaking new Economic Development Incentive (EDI) Ordinance. Qualifying new and existing businesses can receive:
Incentive levels are tied to capital expenditures for new construction, renovations, fixtures or equipment, and number of new or existing full-time employees working within Lansdale Borough.
Program goals include:
New Capital Investment in the Borough & Number of New or Existing Full-Time Employees During Incentive Period | Electrical Rate Discount | Land Development & Building Permit Fee Discount |
$50,000 and at least 5 employees | 5% for 2 years | 25% |
$250,000 and at least 5 employees | 5% for 3 years | 25% |
$500,000 and at least 15 employees | 5% for 4 years | 25% |
$1,000,000 and at least 30 employees | 5% for 5 years | 50% |
$2,000,000 and at least 60 employees | 7% for 7 years | 50% |
$10,000,000 and at least 120 employees | 10% for 10 years | 50% |